September 24, 2026 09:00 PM GMT China Equity Strategy | Asia Pacific A-Share Sentiment Declines on Lower Turnover MSASI declined with lower turnover as pre-holiday caution weighed on sentiment. We maintain our cautious stance on China equities and early September index targets, as softer macro momentum and a less-supportive liquidity and flow backdrop continue to constrain index-level upside. A-share investor sentiment decreased marginally vs. the previous cycle: Weighted MSASI decreased by 9ppt as of Septe ...